Haesung DS Co Ltd (195870) - Net Assets

Latest as of September 2025: ₩556.97 Billion KRW ≈ $377.45 Million USD

Based on the latest financial reports, Haesung DS Co Ltd (195870) has net assets worth ₩556.97 Billion KRW (≈ $377.45 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩884.50 Billion ≈ $599.41 Million USD) and total liabilities (₩327.52 Billion ≈ $221.96 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Haesung DS Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩556.97 Billion
% of Total Assets 62.97%
Annual Growth Rate 18.3%
5-Year Change 139.94%
10-Year Change 367.73%
Growth Volatility 14.02

Haesung DS Co Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Haesung DS Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 195870 asset base for the complete picture of this company's asset base.

Annual Net Assets for Haesung DS Co Ltd (2014–2024)

The table below shows the annual net assets of Haesung DS Co Ltd from 2014 to 2024. For live valuation and market cap data, see 195870 market cap overview.

Year Net Assets Change
2024-12-31 ₩556.28 Billion
≈ $376.98 Million		 +8.00%
2023-12-31 ₩515.05 Billion
≈ $349.04 Million		 +15.15%
2022-12-31 ₩447.30 Billion
≈ $303.13 Million		 +51.98%
2021-12-31 ₩294.31 Billion
≈ $199.45 Million		 +26.95%
2020-12-31 ₩231.84 Billion
≈ $157.11 Million		 +11.17%
2019-12-31 ₩208.54 Billion
≈ $141.32 Million		 +6.20%
2018-12-31 ₩196.36 Billion
≈ $133.07 Million		 +8.43%
2017-12-31 ₩181.09 Billion
≈ $122.72 Million		 +12.23%
2016-12-31 ₩161.35 Billion
≈ $109.34 Million		 +35.67%
2015-12-31 ₩118.93 Billion
≈ $80.60 Million		 +14.82%
2014-12-31 ₩103.58 Billion
≈ $70.19 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Haesung DS Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2133.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩448.97 Billion 80.71%
Other Components ₩107.30 Billion 19.29%
Total Equity ₩556.28 Billion 100.00%

Haesung DS Co Ltd Competitors by Market Cap

The table below lists competitors of Haesung DS Co Ltd ranked by their market capitalization.

Company Market Cap
Ganzhou Yihao New Materials Co. Ltd. A
SHE:301176
 $924.03 Million
Esquire Financial Holdings Inc
NASDAQ:ESQ
 $924.22 Million
TOA PAINT (THAILAND)
BK:TOA-R
 $924.49 Million
King-Strong New Material Technology Co Ltd
SHE:300629
 $924.56 Million
Changchun Engley Automobile Industry Co.Ltd.
SHG:601279
 $923.56 Million
AXISCADES Technologies Limited
NSE:AXISCADES
 $923.53 Million
Global Infotech Co Ltd
SHE:300465
 $923.37 Million
BKS Bank AG
VI:BKS
 $923.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Haesung DS Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 515,050,369,120 to 556,276,567,170, a change of 41,226,198,050 (8.0%).
  • Net income of 58,697,149,410 contributed positively to equity growth.
  • Dividend payments of 15,300,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩58.70 Billion +10.55%
Dividends Paid ₩15.30 Billion -2.75%
Other Changes ₩-2.17 Billion -0.39%
Total Change ₩- 8.00%

Book Value vs Market Value Analysis

This analysis compares Haesung DS Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.45x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 9.61x to 2.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 ₩8346.49 ₩80200.00 x
2015-12-31 ₩7927.50 ₩80200.00 x
2016-12-31 ₩10034.13 ₩80200.00 x
2017-12-31 ₩10640.01 ₩80200.00 x
2018-12-31 ₩11547.56 ₩80200.00 x
2019-12-31 ₩12262.79 ₩80200.00 x
2020-12-31 ₩13637.58 ₩80200.00 x
2021-12-31 ₩17313.20 ₩80200.00 x
2022-12-31 ₩26311.49 ₩80200.00 x
2023-12-31 ₩30297.08 ₩80200.00 x
2024-12-31 ₩32722.15 ₩80200.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Haesung DS Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 10.55%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.73%
  • • Asset Turnover: 0.76x
  • • Equity Multiplier: 1.43x
  • Recent ROE (10.55%) is below the historical average (16.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 19.53% 12.24% 0.76x 2.09x ₩9.87 Billion
2015 12.35% 5.97% 1.07x 1.93x ₩2.79 Billion
2016 11.71% 6.83% 1.10x 1.56x ₩2.76 Billion
2017 13.25% 7.38% 1.12x 1.61x ₩5.88 Billion
2018 10.62% 5.74% 1.19x 1.56x ₩1.21 Billion
2019 8.79% 4.81% 1.17x 1.57x ₩-2.52 Billion
2020 12.94% 6.54% 1.20x 1.65x ₩6.81 Billion
2021 24.21% 10.87% 1.38x 1.61x ₩41.83 Billion
2022 35.64% 18.99% 1.27x 1.47x ₩114.67 Billion
2023 16.39% 12.56% 0.98x 1.34x ₩32.92 Billion
2024 10.55% 9.73% 0.76x 1.43x ₩3.07 Billion

Industry Comparison

This section compares Haesung DS Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.

Industry Context

  • Industry: Semiconductor Equipment & Materials
  • Average net assets among peers: $147,111,617,039
  • Average return on equity (ROE) among peers: 1.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Haesung DS Co Ltd (195870) ₩556.97 Billion 19.53% 0.59x $923.96 Million
D I Corp (003160) $161.25 Billion 1.96% 0.74x $586.24 Million
Samick Thk (004380) $150.49 Billion 11.83% 0.46x $139.72 Million
PSMC CO. Ltd (024850) $64.44 Billion 4.30% 1.04x $451.89 Million
Mirae Corporation (025560) $84.64 Billion 8.85% 0.39x $46.76 Million
KC Co. Ltd (029460) $96.37 Billion 13.32% 0.43x $294.96 Million
MK Electron Co. Ltd (033160) $250.27 Billion 13.09% 4.33x $395.23 Million
Signetics Corporation (033170) $147.33 Billion -4.23% 0.36x $50.89 Million
Nepes Corporation (033640) $110.15 Billion -56.50% 5.45x $500.06 Million
EO Technics Co. Ltd (039030) $373.95 Billion 5.84% 0.15x $3.91 Billion
STI Co. Ltd (039440) $32.22 Billion 13.97% 0.83x $373.52 Million

About Haesung DS Co Ltd

KO:195870 Korea Semiconductor Equipment & Materials
Market Cap
$923.96 Million
₩1.36 Trillion KRW
Market Cap Rank
#9448 Global
#271 in Korea
Share Price
₩80200.00
Change (1 day)
+6.65%
52-Week Range
₩18000.00 - ₩81700.00
All Time High
₩81700.00
Categories
Companies in Korea Semiconductor Equipment & Materials Technology AI & Machine Learning
About

HAESUNG DS Co., Ltd. manufactures and sells semiconductor components in South Korea and internationally. The company offers lead frames for use in automotive, mobile device, personal computer, industrial, power, and consumer electronics applications; package substrates for use in AI, personal computer, server, SSD, IOT, mobile, and graphic card applications; tape substances for use in payment car… Read more